Click Holdings (CLIK) announced the approval of the proposed 1-for-30 share consolidation of the Class A ordinary shares and Class B ordinary shares of no par value each. Beginning with the opening of trading on October 10, the Class A Ordinary Shares will begin trading on a post-share consolidation basis on Nasdaq under the same symbol “CLIK” but under a new CUSIP number of G2R09D110. The objective of the share consolidation is to enable the company to regain compliance with Nasdaq Marketplace Rule 5550(a) and maintain its listing on Nasdaq. Upon the effectiveness of the Share Consolidation every 30 issued and outstanding Ordinary Share of no par value each will automatically be consolidated into 1 issued and outstanding Ordinary Share of no par value each. The share consolidation will not alter any shareholders’ percentage in the company’s outstanding Ordinary Shares. The company’s total number of shares will be 1,145,400 on a post-share consolidation basis.
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